Tag Archives: Jobs

Keeping Manufacturing Jobs in the U.S.

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Chicago, IL (PRWEB) August 13, 2012

Louis A. Guzzeti, Jr., Chairman and CEO of Spinnaker Coating, LLC wrote an opinion piece for the Cleveland Plain Dealer in support of Employee Stock Ownership Plans(ESOPs) which was published August 12, 2012. In February 2012, Spinnaker Coating transitioned from being a privately owned company to an employee owned company. Verit Advisors LLC of Chicago, Illinois, advised on the transaction.

Mr. Guzzeti wrote, There is a proven mechanism currently available to U.S. companies to improve productivity and competitiveness and, in so doing, slow the job exodus and keep manufacturing jobs at home. A financial structure exists that has allowed a large number of companies to offer its entire workforce a huge incentive to enhance both the productivity and profitability of the enterprise. I am referring to ESOPs.

Verit Advisors began working with Spinnaker in June 2011 by analyzing and benchmarking numerous ownership transition alternatives based on the Verit teams extensive experience. In January 2012, Spinnaker became a 100% S Corporation ESOP. Verit leveraged its expertise in ESOP, M&A and debt placement alternatives allowing Spinnaker to secure the optimal long-term solution.

There are more than 11,500 ESOP companies in the U.S., covering more than 10 million workers. For the entire opinion piece.

About Spinnaker

Spinnaker Coating is a customer-focused company that develops, manufactures, and markets adhesive-coated paper and film constructions for conversion by printers and industrial users into marketing, identifying, promoting, labeling, and decorating applications. Spinnaker was named by the Dayton Business Journal as one of Daytons 50 companies with the biggest revenue jump in 2011. The Company is owned by its employees through an Employee Stock Ownership Plan (ESOP).http://www.spinps.com

About Verit Advisors

Verit Advisors unites sophisticated middle market investment banking capabilities with a client centric boutique, fluent in ESOPs, debt and equity capital markets, mergers & acquisitions, and valuation services. Integrity, teamwork, service and innovation are at the heart of the organization, as Verit strives to provide unparalleled advice and custom solutions to its clients. Mary Josephs founded Verit Advisors in 2009 and has nearly three decades of experience in corporate finance. Josephs and her team are considered to be one of the foremost experts in ESOP transactions and middle market strategic alternatives. Verit has offices in Chicago and Minneapolis.







What Would Steve Jobs Think About the State of GIS Mapping in the Mainstream?

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Richmond, Virginia (PRWEB) July 26, 2012

Timmons Group, a leader in enterprise geospatial products and services, is pleased to announce an upcoming webinar focusing on the state of GIS applications in the mainstream today. The webinar will take place on Tuesday, July 31, from 2 p.m. to 3 p.m. EST. You are invited to join Timmons Group staff to discuss how to better target your audience, create intuitive user experiences, make beautiful maps, simplify your application, and reintroduce the map to the web! We will use practical examples to demonstrate how the latest technology can solve todays geospatial challenges.

Join Chris Gerecke, Director of Enterprise Solutions for Timmons Group, to talk about the top ten ways to enhance and streamline the user experience of your geospatial application. Chris will pose the question – What would the late Steve Jobs of Apple think about the state of todays GIS mapping applications? Jobs, a known visionary in user experience and user interface design, prioritized that experience in Apples products. Our webinar will attempt to answer that question by showing how the GIS industry stacks up in terms of creating an appealing and intuitive user experience for the masses.

Does your mapping website need a help manual? Can non-GIS users successfully use your 200 layers and 20 tools? Shouldnt your site seamlessly transition to an iPad and other mobile devices? If you answered yes to any of the previous questions, then join our webinar and discussion.

To register for the webinar, please visit http://webinars.timmonsgis.com.

About Timmons Group

Timmons Group is a leading provider of geospatial, information architecture and engineering services focusing on developing intuitive, enterprise geospatial web applications, highly-usable, cross-device mobile applications, and integrated, geospatially-enabled enterprise solutions. Timmons Group develops solutions across multiple platforms, including Adobe Flex/Flash, Microsoft Silverlight, JavaScript, HTML5, and native mobile operating systems. Timmons Group is a privately held ENR 500 company and maintains a strong business partner relationship with Esri. Timmons Group has been a recipient of both the Esri Business Partner of the Year award and the Esri Foundation Partner of the Year award. For more information, visit http://www.timmonsgis.com.







Acquity Group New York Adds Jobs, Moves to New Space

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(PRWEB) June 11, 2012

Acquity Group (NYSE MKT: AQ), a leading global Brand eCommerce and digital marketing company, announced today that it has relocated to a permanent space in New York Citys Flatiron District to accommodate a significant rise in employee headcount as more brands enlist the companys cross-channel expertise. New employees have been added in design, information architecture, digital strategy planning and technology to augment its existing staff, which is now four times the size since the beginning of 2012.

This announcement comes on the heels of Acquity Groups first quarter 2012 earnings report the companys first earnings statement since the successful completion of its IPO in April. Among other results, revenue grew by $ 12.8 million to $ 34.5 million, a year-over-year increase of nearly 60 percent.

Revenue gains were driven by organic growth as a result of continued demand for Acquity Groups services. Earlier this year, the company relocated both its San Francisco and Seattle offices to accommodate demand, and recently launched in the Canadian market with a new office in Ottawa.

Our success is built on a commitment to provide the highest quality brand experience solutions for our clients and their customers, said Andrew Walker, Acquity Group Vice President, Atlantic Territory Practice Lead. Our New York office houses a talented group of individuals who are experts in their field. Their grit and commitment to excellence enable us to add distinct value to clients digital presences a key driver of growth for our organization.

Founded in 2001, Acquity Group has been helping brands leverage the Internet to drive sales and enhance customer loyalty for more than a decade through an innovative mix of powerful technology and creative design known as Brand eCommerce. Although Acquity Group opened its first physical office in New York less than a year ago, the company has maintained a strong presence in this market since its inception, supporting a client base of prominent New York Metropolitan and international organizations, including Saks Fifth Avenue, LOreal, MAC, MetLife, Dun & Bradstreet, New York Philharmonic and Six Flags.

The new space, located on 6th Avenue and 19th Street in the Flatiron District, will support Acquity Groups growing workforce and client roster of major business-to-business and retail brands.

About Acquity Group:

Acquity Group is a leading global Brand eCommerce and digital marketing company, creating award-winning digital experiences for global brands. Our multi-disciplinary approach brings together strategy, design, and technology to create brand-unique experiences that build firm customer relationships. Acquity Group works with leading brands like Adobe, AT&T, General Motors, Motorola, and Saks Fifth Avenue through offices in North America and Asia.